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Topic: [ANN] [ALGO] Algorand - Decentralized Sustainable Green Network (Read 1160 times)
December 24, 2022, 09:53:03 AM
The FIFA partnership could not sustain the price of ALGO. When possibly do we see a new ATH?
Being a while and we might never see it again. In the meantime, the best is to join the governance sessions. They are in governance period 5 at the time.
Being a while and we might never see it again. In the meantime, the best is to join the governance sessions. They are in governance period 5 at the time.
December 24, 2022, 01:47:27 AM
Exclusive interview: Algorand interim CEO Sean Ford says “Our time is now”
https://cryptoslate.com/exclusive-interview-algorand-interim-ceo-sean-ford-says-our-time-is-now/
Quote
In the Algorand ecosystem, these tools are known as “Algorand state proofs,” which Sean describes as” genuinely transformative tech” and “the first step into a truly decentralized trustless bridge that will allow assets on any chain to be exchanged and interoperable with assets on any other chain without having to use centralized points of failure. That is pretty revolutionary. I am excited about interoperability and state proofs in Algorand in particular.”
Quote
“Now is the time to move forward,” he states: “Our time is now.”
https://cryptoslate.com/exclusive-interview-algorand-interim-ceo-sean-ford-says-our-time-is-now/
November 27, 2022, 06:57:10 AM
Algorand flies high: the partnership with FIFA is working
https://en.cryptonomist.ch/2022/11/25/algorand-flies-with-the-fifa-partnership/
Quote
Algorand: the partnership with FIFA for the World Cup in Qatar realized in early October, is finally showing fruit.
Thanks to the drop of the NFT collection, FIFA + Collect and its new update, the Algorand blockchain has had a 15% increase in just a few days since the start of the World Cup.
FIFA+ collect and its new update drive Algorand’s price up
The deal in question will make Algorand the official blockchain platform of FIFA and provide the sports giant with an official blockchain-supported wallet solution. For its part, Algorand will benefit from FIFA’s sponsorship, becoming a regional supporter of FIFA World Cup Qatar 2022 and an official sponsor of FIFA Women’s World Cup Australia and New Zealand 2023.
The new digital collectibles platform enables soccer fans around the world to own unique digital collectibles at affordable prices. Fans can purchase images and moments from the game, via sachet packs of FIFA World Cup and FIFA Women’s World Cup NFT “stickers” from some of the greatest historical matches.
FIFA Director of External Affairs Romy Gai stated:
“Fandom is changing and soccer fans around the world are engaging with the game in new and exciting ways. This exciting announcement makes FIFA collectibles available to all soccer fans, democratizing the opportunity to own a piece of the FIFA World Cup. Just like sports memorabilia and stickers, this is an accessible opportunity for fans around the world to interact with their favorite players, moments and more on new platforms.”
With the new update, released as early as the world started, the FIFA+ platform has registered thousands of users. A small step toward the future of a more modern, digital fanbase.
FIFA President Infantino announced:
“I look forward to a long and fruitful partnership with Algorand. The partnership is a clear indication of Fifa’s commitment to continually seek innovative channels for sustainable revenue growth for further investment in soccer, providing transparency to our stakeholders and fans around the world.”
Algorand claims to be the most efficient, environmentally friendly and secure platform in the world
We are talking about a particularly heartfelt and relevant project within the crypto and blockchain-loving community.
Indeed, by many specialists in the field, Algorand is regarded as one of the most interesting and useful projects currently in existence.
Endorsed by a large group of engineers and computer scientists, Algorand’s goal is to redesign blockchain technology so that it becomes infinitely scalable. Algorand aims to create a borderless economy through its decentralized, permissionless public blockchain.
The words of its founder, MIT professor Silvio Micali:
“Algorand has removed the technical barriers that have undermined traditional blockchain adoption for years. We designed Algorand’s blockchain to give global innovators the fundamental confidence they need to implement change.”
The way Algorand works is essentially based on these three parameters: scalability, decentralization and security. Indeed, the Algorand team wants to offer an efficient and ultimate solution to the so-called “Blockchain Trilemma,” which is the co-presence of the above three factors that would ideally make a blockchain “perfect.”
With its new partnership with FIFA, it has earned the position of Official Sponsor of the event, a great stage to showcase its platform so cherished in the crypto ecosystem.
Thanks to the drop of the NFT collection, FIFA + Collect and its new update, the Algorand blockchain has had a 15% increase in just a few days since the start of the World Cup.
FIFA+ collect and its new update drive Algorand’s price up
The deal in question will make Algorand the official blockchain platform of FIFA and provide the sports giant with an official blockchain-supported wallet solution. For its part, Algorand will benefit from FIFA’s sponsorship, becoming a regional supporter of FIFA World Cup Qatar 2022 and an official sponsor of FIFA Women’s World Cup Australia and New Zealand 2023.
The new digital collectibles platform enables soccer fans around the world to own unique digital collectibles at affordable prices. Fans can purchase images and moments from the game, via sachet packs of FIFA World Cup and FIFA Women’s World Cup NFT “stickers” from some of the greatest historical matches.
FIFA Director of External Affairs Romy Gai stated:
“Fandom is changing and soccer fans around the world are engaging with the game in new and exciting ways. This exciting announcement makes FIFA collectibles available to all soccer fans, democratizing the opportunity to own a piece of the FIFA World Cup. Just like sports memorabilia and stickers, this is an accessible opportunity for fans around the world to interact with their favorite players, moments and more on new platforms.”
With the new update, released as early as the world started, the FIFA+ platform has registered thousands of users. A small step toward the future of a more modern, digital fanbase.
FIFA President Infantino announced:
“I look forward to a long and fruitful partnership with Algorand. The partnership is a clear indication of Fifa’s commitment to continually seek innovative channels for sustainable revenue growth for further investment in soccer, providing transparency to our stakeholders and fans around the world.”
Algorand claims to be the most efficient, environmentally friendly and secure platform in the world
We are talking about a particularly heartfelt and relevant project within the crypto and blockchain-loving community.
Indeed, by many specialists in the field, Algorand is regarded as one of the most interesting and useful projects currently in existence.
Endorsed by a large group of engineers and computer scientists, Algorand’s goal is to redesign blockchain technology so that it becomes infinitely scalable. Algorand aims to create a borderless economy through its decentralized, permissionless public blockchain.
The words of its founder, MIT professor Silvio Micali:
“Algorand has removed the technical barriers that have undermined traditional blockchain adoption for years. We designed Algorand’s blockchain to give global innovators the fundamental confidence they need to implement change.”
The way Algorand works is essentially based on these three parameters: scalability, decentralization and security. Indeed, the Algorand team wants to offer an efficient and ultimate solution to the so-called “Blockchain Trilemma,” which is the co-presence of the above three factors that would ideally make a blockchain “perfect.”
With its new partnership with FIFA, it has earned the position of Official Sponsor of the event, a great stage to showcase its platform so cherished in the crypto ecosystem.
https://en.cryptonomist.ch/2022/11/25/algorand-flies-with-the-fifa-partnership/
November 25, 2022, 01:16:40 AM
Algorand is Now Live on CryptoSlam, Increasing Visibility of Algorand’s NFT Ecosystem
November 15th, 2022 - The Algorand Foundation is excited to announce our recent integration with CryptoSlam, the world's first multi-chain NFT data aggregator. Algorand’s NFT data will now be available on the platform alongside other blockchains.
The CryptoSlam NFT platform helps traders decide which collection to invest in by aggregating notable NFT sales data such as sales volume, number of transactions and owners, as well as upcoming NFT drops. Transparent and accessible data is key in the world of NFTs and Cryptoslam will ensure 100% free access to advanced metrics for each Algorand collection for all users. Furthermore, CryptoSlam provides 24-hour, 7-day, 30-day, 90-day, all-time, and custom historical data and analytics on activity.
Integrating with Cryptoslam is a surefire way to increase visibility and awareness around Algorand’s rapidly growing NFT ecosystem.
https://www.algorand.foundation/news/cryptoslam
November 15th, 2022 - The Algorand Foundation is excited to announce our recent integration with CryptoSlam, the world's first multi-chain NFT data aggregator. Algorand’s NFT data will now be available on the platform alongside other blockchains.
The CryptoSlam NFT platform helps traders decide which collection to invest in by aggregating notable NFT sales data such as sales volume, number of transactions and owners, as well as upcoming NFT drops. Transparent and accessible data is key in the world of NFTs and Cryptoslam will ensure 100% free access to advanced metrics for each Algorand collection for all users. Furthermore, CryptoSlam provides 24-hour, 7-day, 30-day, 90-day, all-time, and custom historical data and analytics on activity.
Integrating with Cryptoslam is a surefire way to increase visibility and awareness around Algorand’s rapidly growing NFT ecosystem.
https://www.algorand.foundation/news/cryptoslam
November 11, 2022, 03:13:41 AM
whats the point of saying the same thing over and over
November 11, 2022, 12:22:58 AM
Algorand Inc & Algorand Foundation launch new bounties, with more additions to come.
November 10th, 2022 - The Algorand Foundation and Algorand Inc. are proud to announce the launch of a series of bounties hosted on Immunefi, the leading bug bounty platform for Web3. The Algorand Foundation’s series of bounties are focused on enhancing Algorand’s DeFi projects, further ensuring our commitment to the support and security of the Algorand ecosystem.
In addition, the Algorand protocol bounty is focused on further strengthening the security of the core protocol.
https://www.algorand.foundation/news/algorand-inc-algorand-foundation-launch-new-bounties-with-more-additions-to-come
November 10th, 2022 - The Algorand Foundation and Algorand Inc. are proud to announce the launch of a series of bounties hosted on Immunefi, the leading bug bounty platform for Web3. The Algorand Foundation’s series of bounties are focused on enhancing Algorand’s DeFi projects, further ensuring our commitment to the support and security of the Algorand ecosystem.
In addition, the Algorand protocol bounty is focused on further strengthening the security of the core protocol.
https://www.algorand.foundation/news/algorand-inc-algorand-foundation-launch-new-bounties-with-more-additions-to-come
October 28, 2022, 12:23:50 AM
Day By Day Announces Launch of World-First Insurance Policies as NFTs
October 27th, 2022 - In a move that signals the beginning of a new era for the global insurance market, Day By Day will offer insurance policies in the form of non-fungible tokens (NFTs) starting today.
This world-first NFT utility marks the first phase of Day By Day’s decentralised insurance platform which aims to provide personalised, on-demand and lower cost insurance cover for real-world assets. Owners of Day By Day insurance policy NFTs will receive passive income when their unique NFT is used to provide cover to insurance customers.
more information https://www.algorand.foundation/news/day-by-day-announces-launch-of-world-first-insurance-policies-as-nfts
October 27th, 2022 - In a move that signals the beginning of a new era for the global insurance market, Day By Day will offer insurance policies in the form of non-fungible tokens (NFTs) starting today.
This world-first NFT utility marks the first phase of Day By Day’s decentralised insurance platform which aims to provide personalised, on-demand and lower cost insurance cover for real-world assets. Owners of Day By Day insurance policy NFTs will receive passive income when their unique NFT is used to provide cover to insurance customers.
more information https://www.algorand.foundation/news/day-by-day-announces-launch-of-world-first-insurance-policies-as-nfts
October 21, 2022, 01:56:04 AM
Algorand Foundation invests in on-chain derivatives platform Deridex
October 13th, 2022 - The Algorand Foundation is proud to announce our partnership investment with Deridex, an on-chain derivatives platform on Algorand. The Algorand Foundation’s investment supports Deridex’s mainnet launch in Q4, 2022. Deridex launched its testnet on the Algorand blockchain in May, 2022.
Deridex is a platform that unlocks Algorand’s DeFi ecosystem by providing leverage protocols allowing users to lower the cost of exposure and hedge against their positions. Deridex plans on being one of the first on-chain derivatives platforms on Algorand, taking the first mover advantage which is key in any new DeFi ecosystem.
Learn more https://www.algorand.foundation/news/algorand-foundation-invests-in-on-chain-derivatives-platform-deridex
October 13th, 2022 - The Algorand Foundation is proud to announce our partnership investment with Deridex, an on-chain derivatives platform on Algorand. The Algorand Foundation’s investment supports Deridex’s mainnet launch in Q4, 2022. Deridex launched its testnet on the Algorand blockchain in May, 2022.
Deridex is a platform that unlocks Algorand’s DeFi ecosystem by providing leverage protocols allowing users to lower the cost of exposure and hedge against their positions. Deridex plans on being one of the first on-chain derivatives platforms on Algorand, taking the first mover advantage which is key in any new DeFi ecosystem.
Learn more https://www.algorand.foundation/news/algorand-foundation-invests-in-on-chain-derivatives-platform-deridex
October 09, 2022, 01:25:45 AM
Algorand Foundation Grant Recipient Launches Graphic Novel, Motion Comic and NFT Collection TRUST
New Creative Series Uses Blockchain to Reimagine Africa’s Future Now Available Through Free Download
SINGAPORE, DATE, 2022 -- The Algorand Foundation, whose mission is to grow the ecosystem of Algorand, the carbon-negative Layer 1 blockchain invented by Turing Award winner and MIT professor Silvio Micali, is proud to support the launch of TRUST, a transmedia project featuring a graphic novel, motion comic, and NFT collection. Created by Chief Nyamweya, Anne Connelly and Sarah Mallia, the Algorand Foundation grant-supported project is being distributed worldwide by Freehand Studios for free through download on the TRUST Website.
Set in an alternative African nation, TRUST is the story of Moraa, a young activist who with the help of her community, uses the power of blockchain technology to protect their homeland from cultural and ecological destruction. Along their journey, they learn about the power of blockchain to organize, fundraise and transform their future.
To learn more: https://www.algorand.foundation/news/algorand-foundation-grant-recipient-launches-graphic-novel-motion-comic-and-nft-collection-trust
New Creative Series Uses Blockchain to Reimagine Africa’s Future Now Available Through Free Download
SINGAPORE, DATE, 2022 -- The Algorand Foundation, whose mission is to grow the ecosystem of Algorand, the carbon-negative Layer 1 blockchain invented by Turing Award winner and MIT professor Silvio Micali, is proud to support the launch of TRUST, a transmedia project featuring a graphic novel, motion comic, and NFT collection. Created by Chief Nyamweya, Anne Connelly and Sarah Mallia, the Algorand Foundation grant-supported project is being distributed worldwide by Freehand Studios for free through download on the TRUST Website.
Set in an alternative African nation, TRUST is the story of Moraa, a young activist who with the help of her community, uses the power of blockchain technology to protect their homeland from cultural and ecological destruction. Along their journey, they learn about the power of blockchain to organize, fundraise and transform their future.
To learn more: https://www.algorand.foundation/news/algorand-foundation-grant-recipient-launches-graphic-novel-motion-comic-and-nft-collection-trust
October 01, 2022, 12:17:25 PM
AXL Ventures and Algorand Foundation Launch an Accelerator Program for APAC
Introduction: AXL Ventures and Why They are Launching an Algorand Accelerator
Singapore, Tuesday, September 27th, 2022 - AXL Ventures, located in Australia, was created to launch innovative accelerator programs for the Algorand ecosystem. Created and supported by Optio Capital, AXL is perfectly positioned to help the next wave of startups accelerate to excel.
Algorand is a powerful L1 blockchain that provides the technical foundation and performance to unlock tremendous advances in verticals like global financial infrastructure and its associated products and services.
Queensland, Australia was a natural choice for the accelerator having a very supportive and forward-thinking Government, while also being a central “hub” for blockchain technology and innovation. While the accelerator headquarters are located in Australia, the program is remote for startups in the APAC region building on Algorand.
More information: https://www.algorand.foundation/news/axl-ventures-apac-accelerator
Introduction: AXL Ventures and Why They are Launching an Algorand Accelerator
Singapore, Tuesday, September 27th, 2022 - AXL Ventures, located in Australia, was created to launch innovative accelerator programs for the Algorand ecosystem. Created and supported by Optio Capital, AXL is perfectly positioned to help the next wave of startups accelerate to excel.
Algorand is a powerful L1 blockchain that provides the technical foundation and performance to unlock tremendous advances in verticals like global financial infrastructure and its associated products and services.
Queensland, Australia was a natural choice for the accelerator having a very supportive and forward-thinking Government, while also being a central “hub” for blockchain technology and innovation. While the accelerator headquarters are located in Australia, the program is remote for startups in the APAC region building on Algorand.
More information: https://www.algorand.foundation/news/axl-ventures-apac-accelerator
September 26, 2022, 11:58:59 PM
01101011110101… – Randomness Has Arrived on Algorand
...the Foundation is proud to announce that we (Ori Shem-Tov, Fabrice Benhamouda and Shai Halevi) have designed and launched a new randomness beacon on the Algorand blockchain. The beacon calls the same VRF that is used by the Algorand consensus protocol to generate verifiable pseudo-random values which are stored on-chain. These random values can be used by any smart-contract deployed on the Algorand blockchain for free and can be used for a variety of use cases such as: on-chain gaming, NFTs, lottery etc.
more information https://www.algorand.foundation/news/randomness-has-arrived
...the Foundation is proud to announce that we (Ori Shem-Tov, Fabrice Benhamouda and Shai Halevi) have designed and launched a new randomness beacon on the Algorand blockchain. The beacon calls the same VRF that is used by the Algorand consensus protocol to generate verifiable pseudo-random values which are stored on-chain. These random values can be used by any smart-contract deployed on the Algorand blockchain for free and can be used for a variety of use cases such as: on-chain gaming, NFTs, lottery etc.
more information https://www.algorand.foundation/news/randomness-has-arrived
September 06, 2022, 11:36:50 AM
FIFA.com announced they will launch FIFAPlusCollect Powered by Algorand, this new platform will allow fans to affordably own unique digital collectibles featuring iconic game moments from
FIFAWorldCup . More details - https://twitter.com/Algorand/status/1566456226136866819
FIFAWorldCup . More details - https://twitter.com/Algorand/status/1566456226136866819
September 01, 2022, 11:03:25 PM
Algorand Foundation partners with AlgoHub to support blockchain student clubs
The Algorand Foundation is delighted to announce the partnership with AlgoHUB to launch a student club community hub for the APAC region including Australia, Singapore, Hong Kong, Fiji and South Pacific Islands, Indonesia, Malaysia and Vietnam. The hub will support students on their blockchain learning journey by connecting student clubs and societies cross-regionally, offering access to exclusive events and awarding top blockchain students with scholarships and prizes.
The program will officially launch in September 2022.
Learn more: algorand.foundation/news/algohub-blockchain-student-clubs
The Algorand Foundation is delighted to announce the partnership with AlgoHUB to launch a student club community hub for the APAC region including Australia, Singapore, Hong Kong, Fiji and South Pacific Islands, Indonesia, Malaysia and Vietnam. The hub will support students on their blockchain learning journey by connecting student clubs and societies cross-regionally, offering access to exclusive events and awarding top blockchain students with scholarships and prizes.
The program will officially launch in September 2022.
Learn more: algorand.foundation/news/algohub-blockchain-student-clubs
August 25, 2022, 09:42:22 AM
Are you ready for Algorand’s biggest event of the year? Tickets are now on sale for Decipher2022, happening in Dubai Nov 28 - 30.
Get your all-access pass
Full info: https://twitter.com/Algorand/status/1560614001201086464
Get your all-access pass
Full info: https://twitter.com/Algorand/status/1560614001201086464
August 12, 2022, 03:13:17 AM
ALGORAND PROTOCOL UPGRADES! Algorand BetaNet 3.9.0:
1. State Proofs = interoperability
Trustless bridging
Trustless cross-chain DEXs
Trustless gaming/NFTs
Trustless oracles
2. 6k TPS = Scalability!!!
3. On-chain randomness- capability for randomness oracles & beacons
What's New: github.com/algorand/go-algorand/releases/tag/v3.9.0-beta
1. State Proofs = interoperability
Trustless bridging
Trustless cross-chain DEXs
Trustless gaming/NFTs
Trustless oracles
2. 6k TPS = Scalability!!!
3. On-chain randomness- capability for randomness oracles & beacons
What's New: github.com/algorand/go-algorand/releases/tag/v3.9.0-beta
the video is very easy to understand, the image quality is also quite bright. By the way, when is this project open for presale? I want to recommend it to investors
up
The kinkiest crypto on the defi landscape, algo has failed to stand up to its claims to show a decent return to the investors. Oddly enough, nobody even expected it to output a dapper gain, let alone revolutionize the defi sector. It had stayed dormant for months until the recent altcoin rally and even then largely failed to come round when bitcoin peaked in may. Dead and unable to be resurrected and a total failure in every measure.
Everyone has their own opinion and vision, but I think that Algorand has every chance to grow in value and attract new users.
Algorand is developing very fast. More than 500 projects are developing applications based on its blockchain. The coin has a real demand, project's blockchain can be used in different spheres: from payment applications to DeFi-protocols and NFT.
The kinkiest crypto on the defi landscape, algo has failed to stand up to its claims to show a decent return to the investors. Oddly enough, nobody even expected it to output a dapper gain, let alone revolutionize the defi sector. It had stayed dormant for months until the recent altcoin rally and even then largely failed to come round when bitcoin peaked in may. Dead and unable to be resurrected and a total failure in every measure.
The Sign-up Window for the 3rd Governance Period for Would-be Governors is Now Open
Singapore, April 1st, 2022 - We are excited to share the sign-up window for would-be Governors for the third period of Algorand Community Governance is now live and available.
Any Algo holder can now sign up to serve as a Governor by committing Algos to the program for three months and participating in voting during this time. Governors are rewarded for their service to the Algorand community at the end of the three-month period. Algorand Community Governance yields to Governors the decision-making power over the Algorand Ecosystem Resource Pool (AERP), a pool of Algos that currently has more than 3 Billion Algos.
Read more:https://algorand.foundation/news/3rd-governance-period
Singapore, April 1st, 2022 - We are excited to share the sign-up window for would-be Governors for the third period of Algorand Community Governance is now live and available.
Any Algo holder can now sign up to serve as a Governor by committing Algos to the program for three months and participating in voting during this time. Governors are rewarded for their service to the Algorand community at the end of the three-month period. Algorand Community Governance yields to Governors the decision-making power over the Algorand Ecosystem Resource Pool (AERP), a pool of Algos that currently has more than 3 Billion Algos.
Read more:https://algorand.foundation/news/3rd-governance-period
Algorand (ALGO) Crypto: Does the Future Look Good for Investors?
https://www.gobankingrates.com/investing/crypto/algo-crypto/
Quote
Algorand is a permissionless blockchain platform that runs on a decentralized byzantine agreement protocol, which utilizes a pure proof-of-stake protocol. PPoS allows users to reach consensus and validate transactions based on the proportion of ALGO crypto coins they own. Capable of meeting large computational power demands, Algorand was developed to address several other challenges, too, including the likelihood of a 51% attack and any attempts at forking, which makes blocks and transactions that were once invalid, valid once again.
The platform’s digital coin ALGO began trading publicly in 2019 and was included in the list of all the top crypto exchanges. Between late January and mid-February 2022, the ALGO crypto price per share fluctuated between a high of $1.32 and a low of 83 cents. A little more than 7 billion ALGO coins are in circulation as of March 2022. The maximum supply of ALGO crypto coins stands at 10 billion.
As with other cryptocurrency platforms, users can conduct microfinance, copyright, and real estate transactions, for example, using Algoland. This platform was mainly designed, though, to enable developers to build new cryptocurrency-related applications.
Top Features of Algorand:
-Verifiable random functions: Pioneered by Algorand, VRF is a consensus algorithm that takes a secret key and a value and produces a pseudorandom output, providing proof that anyone can use to verify results. This is what leads to faster transaction speed and lower fees compared to other blockchains.
-Efficient transactions: ALGO crypto can be used for all transactions on the network, allowing purchases to occur quickly, easily, and cost-effectively.
-Scalable blockchain: Algorand’s blockchain protocol allows it to process thousands of transactions per second with low latency and cost. This allows for easy adoption by businesses and individuals.
-Reliable security: Cryptographic tools allow the network to achieve high levels of security while keeping data private. These tools enable users to remain anonymous and prevent tampering or revision of transactions on the blockchain.
-Turing complete: The Algorand blockchain is Turing-complete or universal, meaning that it runs any program. This allows for the easy creation of smart contracts and decentralized applications with minimal development work.
-Staking: While anyone who owns ALGO crypto can typically vote on new block creation, those with a higher stake — or who own more ALGO tokens — generally have a stronger say over validating transactions.
The platform’s digital coin ALGO began trading publicly in 2019 and was included in the list of all the top crypto exchanges. Between late January and mid-February 2022, the ALGO crypto price per share fluctuated between a high of $1.32 and a low of 83 cents. A little more than 7 billion ALGO coins are in circulation as of March 2022. The maximum supply of ALGO crypto coins stands at 10 billion.
As with other cryptocurrency platforms, users can conduct microfinance, copyright, and real estate transactions, for example, using Algoland. This platform was mainly designed, though, to enable developers to build new cryptocurrency-related applications.
Top Features of Algorand:
-Verifiable random functions: Pioneered by Algorand, VRF is a consensus algorithm that takes a secret key and a value and produces a pseudorandom output, providing proof that anyone can use to verify results. This is what leads to faster transaction speed and lower fees compared to other blockchains.
-Efficient transactions: ALGO crypto can be used for all transactions on the network, allowing purchases to occur quickly, easily, and cost-effectively.
-Scalable blockchain: Algorand’s blockchain protocol allows it to process thousands of transactions per second with low latency and cost. This allows for easy adoption by businesses and individuals.
-Reliable security: Cryptographic tools allow the network to achieve high levels of security while keeping data private. These tools enable users to remain anonymous and prevent tampering or revision of transactions on the blockchain.
-Turing complete: The Algorand blockchain is Turing-complete or universal, meaning that it runs any program. This allows for the easy creation of smart contracts and decentralized applications with minimal development work.
-Staking: While anyone who owns ALGO crypto can typically vote on new block creation, those with a higher stake — or who own more ALGO tokens — generally have a stronger say over validating transactions.
https://www.gobankingrates.com/investing/crypto/algo-crypto/
Algorand Foundation partners with Professor Xiaotie Deng team at Peking University to support research on market theory, NFTs and governance algorithms on Algorand Network
March 24th, 2022 - The Algorand Foundation is delighted to announce the partnership with Frontiers of Blockchain Research Lab, Center of Frontiers of Computing Studies at Peking University for research collaboration on the Algorand Network.
“The goal of the research is not only to build market theories for digital assets on the Algorand network,” explains Professor Xiaotie Deng, principal investigator on the project, “but we also want to investigate the auction and pricing models for NFTs in the form of Algorand Standard Assets and assess the governance algorithms of DeFi and digital assets on the Algorand network.”
Read more: https://algorand.foundation/news/peking-university
March 24th, 2022 - The Algorand Foundation is delighted to announce the partnership with Frontiers of Blockchain Research Lab, Center of Frontiers of Computing Studies at Peking University for research collaboration on the Algorand Network.
“The goal of the research is not only to build market theories for digital assets on the Algorand network,” explains Professor Xiaotie Deng, principal investigator on the project, “but we also want to investigate the auction and pricing models for NFTs in the form of Algorand Standard Assets and assess the governance algorithms of DeFi and digital assets on the Algorand network.”
Read more: https://algorand.foundation/news/peking-university
Join today's Introduction to Algorand session which will provide an overview of the Algorand protocol, a technical intro to Algorand, and an open Q&A.
To find out more about this exciting partnership and to register for today's session go to https://algorand.foundation/news/princeton-blockchain-society
To find out more about this exciting partnership and to register for today's session go to https://algorand.foundation/news/princeton-blockchain-society
Algorand Network Upgrade Expands Smart Contract Functionality with Contract-to-Contract Calls, Releases Post-Quantum Secure Keys for Trustless Cross-Chain Interoperability
Quote
Algorand, the technology company powering the platform for next-generation blockchain-based applications, today announced another major technical release that empowers sophisticated apps and marks a major milestone for cross chain interoperability. Developers are now able to build complex apps for the Algorand ecosystem with smart contract-to-contract calling and network participants can take their first step towards trustless cross-chain interoperability with quantum-secure keys for the upcoming State Proof technology. These network upgrades come on the heels of a $20 million incentive program from the Algorand Foundation focused on developer tooling and EVM compatibility, putting Algorand at the forefront of blockchain interoperability and post-quantum security while providing features for even more advanced decentralized applications.
"The power and composability of Algorand's smart contract platform has transformed in recent months. Developers are building versatile decentralized applications that have and will continue to disrupt a wide variety of industries," said Paul Riegle, Chief Product Officer at Algorand. "With this latest upgrade, Algorand continues its leadership position when it comes to ongoing delivery of highly sophisticated blockchain technology. We have received overwhelmingly positive feedback from developers during the beta testing and are excited to roll out these enhancements to the broader blockchain developer ecosystem."
Core components of this release include:
Smart contract compatibility with contract to contract calls. This allows complex dApps to be built that can efficiently and trustlessly interact with other smart contract based dApps to extend functionality and usability. Additional details and background on this tech can be found here.
Post-quantum secure Falcon Keys, Algorand's first major milestone on its path towards trustless cross-chain interoperability. These keys will, in the near future, be used to generate State Proofs, a new blockchain infrastructure that will allow Algorand to be trustlessly accessed in low-power environments like mobile phones, smart watches, and on other blockchains. For more background on State Proofs, please see an overview here.
These features add to Algorand's already advanced tech, high performance and robust developer resources. Smart contracts on Algorand can be written in Python or Reach, making it accessible for developers of all skillsets.
Algorand has experienced zero downtime since launch, helping it become the blockchain of choice for hundreds of organizations launching DeFi protocols, NFTs, payment solutions, regulated digital assets, and more. The network supports applications that can scale to billions of participants, all on a high-speed, carbon-negative, secure and stable blockchain.
About Algorand
Algorand is transforming economic models and economies of all kinds. Founded by Turing Award–winning cryptographer Silvio Micali, Algorand's high–performing Layer-1 blockchain is unparalleled for bringing fast, frictionless, and inclusive technologies to everyone. Algorand is reshaping every industry–from TradFi and DeFi to new creator economies and beyond. With an extraordinary commitment to interoperability and consistent delivery, our sustainable technology powers more participation, transparency, and efficiency for all. As the technology of choice for 2000+ global organizations, the Algorand ecosystem is transforming the next generation of financial products, protocols and exchange of value.
https://finance.yahoo.com/news/algorand-network-upgrade-expands-smart-235100042.html "The power and composability of Algorand's smart contract platform has transformed in recent months. Developers are building versatile decentralized applications that have and will continue to disrupt a wide variety of industries," said Paul Riegle, Chief Product Officer at Algorand. "With this latest upgrade, Algorand continues its leadership position when it comes to ongoing delivery of highly sophisticated blockchain technology. We have received overwhelmingly positive feedback from developers during the beta testing and are excited to roll out these enhancements to the broader blockchain developer ecosystem."
Core components of this release include:
Smart contract compatibility with contract to contract calls. This allows complex dApps to be built that can efficiently and trustlessly interact with other smart contract based dApps to extend functionality and usability. Additional details and background on this tech can be found here.
Post-quantum secure Falcon Keys, Algorand's first major milestone on its path towards trustless cross-chain interoperability. These keys will, in the near future, be used to generate State Proofs, a new blockchain infrastructure that will allow Algorand to be trustlessly accessed in low-power environments like mobile phones, smart watches, and on other blockchains. For more background on State Proofs, please see an overview here.
These features add to Algorand's already advanced tech, high performance and robust developer resources. Smart contracts on Algorand can be written in Python or Reach, making it accessible for developers of all skillsets.
Algorand has experienced zero downtime since launch, helping it become the blockchain of choice for hundreds of organizations launching DeFi protocols, NFTs, payment solutions, regulated digital assets, and more. The network supports applications that can scale to billions of participants, all on a high-speed, carbon-negative, secure and stable blockchain.
About Algorand
Algorand is transforming economic models and economies of all kinds. Founded by Turing Award–winning cryptographer Silvio Micali, Algorand's high–performing Layer-1 blockchain is unparalleled for bringing fast, frictionless, and inclusive technologies to everyone. Algorand is reshaping every industry–from TradFi and DeFi to new creator economies and beyond. With an extraordinary commitment to interoperability and consistent delivery, our sustainable technology powers more participation, transparency, and efficiency for all. As the technology of choice for 2000+ global organizations, the Algorand ecosystem is transforming the next generation of financial products, protocols and exchange of value.
February 19, 2022, 09:59:34 AM
It is reported that Algorand allocates $20 million to accelerate the development of its ecosystem, such an announcement was made by the CEO of the Algorand Foundation Staci Warden at the ETHDenver conference. The funds will be divided into two equal parts, $10 million will go to developers who are ready to provide solutions for compatibility with EVM, the remaining $10 million will go to projects that create developer tools for Algorand, such as compilers and debuggers.
Source: https://www.coindesk.com/tech/2022/02/18/algorand-pushes-for-ethereum-compatibility-with-20m-incentive-program/
Source: https://www.coindesk.com/tech/2022/02/18/algorand-pushes-for-ethereum-compatibility-with-20m-incentive-program/
February 01, 2022, 12:25:58 PM
Algorand Governance - Short video with voting
https://www.youtube.com/watch?v=nt51YbBNg1g
https://www.youtube.com/watch?v=nt51YbBNg1g
January 29, 2022, 03:23:26 AM
We're joining the party! Get ready for developer sessions, ecosystem spotlights, bounties & good times at our 1st EthereumDenver the largest web3 hackathon in the world!
Feb 11-20th in Denver! Participate virtually or IRL!
https://twitter.com/AlgoFoundation/status/1484459807461494786
Feb 11-20th in Denver! Participate virtually or IRL!
https://twitter.com/AlgoFoundation/status/1484459807461494786
January 28, 2022, 07:15:58 AM
Algorand Has Serious Plans to Transform the DeFi Sector
What if investors interested in the cryptocurrency market knew about “possibly one of the most important, native tokens (coins) in the world of cryptocurrencies today?” This is not a clickbait marketing question, but it is what Algorand (CCC:ALGO-USD) is described as by its Singapore-based Algorand Foundation.
The foundation was started to advance the technology of the platform’s ecosystem and Algo, the native token of the Algorand blockchain. It claims to be super-fast, scalable and secure.
Algorand blockchain is designed to help developers create applications based on the Algo coin, which has a price of approximately 95 cents as of Jan 27.
ALGO is ranked number 25 on CoinMarketCap based on its market capitalization of $6 billion and fully diluted market cap of $9.2 billion. It has a maximum supply of 10 billion coins with about 65% currently circulating.
Year-to-date, the crypto is down a little more than 44%. At some point during September 2021, Algorand was trading near $2.38. It followed the general cryptocurrency market collapse during late 2021 and early 2022, which is unsurprising. There is a strong correlation between coins and sour investing moods or a loss of momentum for risky assets.
Here are some key facts about Algorand to help you decide if it has a compelling investment story.
Key Information About Algorand
For many tokens and coins, we know almost nothing about their founders and their history. But that’s not the case with Algorand’s founder, Silvio Micali, who happens to be a professor of computer science at the Massachusetts Institute of Technology. CoinMarketCap elaborates on his experience:
“He is a recipient of the Turing Award (in 2012) for his fundamental contributions to the theory and practice of secure two-party computation, electronic cash, cryptocurrencies and blockchain protocols. This makes him one of the foremost creators of crypto in the world.”
The Algo has several interesting and important key features. First, it is very fast, as the average time to complete a transaction with Algo is about four seconds. Second, it is highly scalable with no restrictions on the number of transactions. The coin has no delays or compromises to affect its transaction speed.
Third, it is very secure. The Algorand blockchain is powered by a pure proof-of-stake (PoS) consensus. What this means is that the consensus protocol randomly selects validators weighted by their staked ALGO coin.
Fourth, the cost of using Algo is very cheap, unlike other blockchains. It also has very high transparency; at any time, there are available real-time metrics that can help anyone easily monitor circulating and liquid supply.
Algorand Solves the Blockchain Trilemma
Have you ever heard of the blockchain trilemma? If not, it is a very important puzzle that Algorand is addressing. The blockchain trilemma is the difficulty of achieving all three core features of security, scalability and decentralization in a platform.
Algorand is providing a solution to this trilemma with randomness. It selects validators randomly from all token holders, a highly effective approach that supports both security and decentralization.
The platform has smart contract capabilities, but its technology is aimed mainly at financial services and decentralized finance (DeFi) applications. For example, the Algorand Foundation “announced the 150M Algo Viridis Fund to support and incentivize the creation of the world’s most efficient, scalable, and micro-fee DeFi ecosystem.” This is very important news and a strong step toward ALGO becoming a key player in the DeFi sector.
Some interesting applications of Algorand include yield farming, DeFi lending, non-fungible token (NFT) marketplaces and synthetic assets. Its foundation has created a $200 million liquidity fund for its DeFi ecosystem, which will be especially helpful in its early stages.
https://investorplace.com/2022/01/algorand-has-serious-plans-to-transform-the-defi-sector
What if investors interested in the cryptocurrency market knew about “possibly one of the most important, native tokens (coins) in the world of cryptocurrencies today?” This is not a clickbait marketing question, but it is what Algorand (CCC:ALGO-USD) is described as by its Singapore-based Algorand Foundation.
The foundation was started to advance the technology of the platform’s ecosystem and Algo, the native token of the Algorand blockchain. It claims to be super-fast, scalable and secure.
Algorand blockchain is designed to help developers create applications based on the Algo coin, which has a price of approximately 95 cents as of Jan 27.
ALGO is ranked number 25 on CoinMarketCap based on its market capitalization of $6 billion and fully diluted market cap of $9.2 billion. It has a maximum supply of 10 billion coins with about 65% currently circulating.
Year-to-date, the crypto is down a little more than 44%. At some point during September 2021, Algorand was trading near $2.38. It followed the general cryptocurrency market collapse during late 2021 and early 2022, which is unsurprising. There is a strong correlation between coins and sour investing moods or a loss of momentum for risky assets.
Here are some key facts about Algorand to help you decide if it has a compelling investment story.
Key Information About Algorand
For many tokens and coins, we know almost nothing about their founders and their history. But that’s not the case with Algorand’s founder, Silvio Micali, who happens to be a professor of computer science at the Massachusetts Institute of Technology. CoinMarketCap elaborates on his experience:
“He is a recipient of the Turing Award (in 2012) for his fundamental contributions to the theory and practice of secure two-party computation, electronic cash, cryptocurrencies and blockchain protocols. This makes him one of the foremost creators of crypto in the world.”
The Algo has several interesting and important key features. First, it is very fast, as the average time to complete a transaction with Algo is about four seconds. Second, it is highly scalable with no restrictions on the number of transactions. The coin has no delays or compromises to affect its transaction speed.
Third, it is very secure. The Algorand blockchain is powered by a pure proof-of-stake (PoS) consensus. What this means is that the consensus protocol randomly selects validators weighted by their staked ALGO coin.
Fourth, the cost of using Algo is very cheap, unlike other blockchains. It also has very high transparency; at any time, there are available real-time metrics that can help anyone easily monitor circulating and liquid supply.
Algorand Solves the Blockchain Trilemma
Have you ever heard of the blockchain trilemma? If not, it is a very important puzzle that Algorand is addressing. The blockchain trilemma is the difficulty of achieving all three core features of security, scalability and decentralization in a platform.
Algorand is providing a solution to this trilemma with randomness. It selects validators randomly from all token holders, a highly effective approach that supports both security and decentralization.
The platform has smart contract capabilities, but its technology is aimed mainly at financial services and decentralized finance (DeFi) applications. For example, the Algorand Foundation “announced the 150M Algo Viridis Fund to support and incentivize the creation of the world’s most efficient, scalable, and micro-fee DeFi ecosystem.” This is very important news and a strong step toward ALGO becoming a key player in the DeFi sector.
Some interesting applications of Algorand include yield farming, DeFi lending, non-fungible token (NFT) marketplaces and synthetic assets. Its foundation has created a $200 million liquidity fund for its DeFi ecosystem, which will be especially helpful in its early stages.
https://investorplace.com/2022/01/algorand-has-serious-plans-to-transform-the-defi-sector
January 27, 2022, 09:37:05 AM
Grayscale Considering Fantom, Algorand for Its Investment Products
Layer 1 chains Fantom, Algorand, and Oasis Network, are among the new additions to Grayscale’s list.
Grayscale Investments has updated its list of digital assets under consideration for this year. 25 more tokens, including Layer 1 chains, Metaverse applications, and blockchain games, have been added to the list...
https://cryptobriefing.com/grayscale-considering-fantom-algorand-for-its-investment-products
Layer 1 chains Fantom, Algorand, and Oasis Network, are among the new additions to Grayscale’s list.
Grayscale Investments has updated its list of digital assets under consideration for this year. 25 more tokens, including Layer 1 chains, Metaverse applications, and blockchain games, have been added to the list...
https://cryptobriefing.com/grayscale-considering-fantom-algorand-for-its-investment-products
January 25, 2022, 02:44:54 AM
Algorand is a new-gen blockchain that is bridging the decentralized and centralized world of finance. Its native crypto is ALGO.
Algorand Standard Assets run on the blockchain's "Layer-1" and include fungible, non-fungible, restricted fungible, and restricted non-fungible assets.
Here's what I like the best about Algorand Standard Assets:
1. Role-based asset controls are supported for business, compliance, and regulatory requirements.
2. Asset accounts can be "quarantined" for investigations.
3. "Forced" asset transfers can be done for legal compliance.
4. Permissions can be configured so that only "whitelisted" addresses can transact.
5. Off-chain asset documentation can be included in the on-chain asset definition.
6. Users can "opt-in" to accept new assets.
Another feature I like in Algorand is "Rekeying in Layer-1", which enables a user to change their private key without changing the public address.
https://www.finextra.com/blogposting/21644/introduction-to-algorand
Algorand Standard Assets run on the blockchain's "Layer-1" and include fungible, non-fungible, restricted fungible, and restricted non-fungible assets.
Here's what I like the best about Algorand Standard Assets:
1. Role-based asset controls are supported for business, compliance, and regulatory requirements.
2. Asset accounts can be "quarantined" for investigations.
3. "Forced" asset transfers can be done for legal compliance.
4. Permissions can be configured so that only "whitelisted" addresses can transact.
5. Off-chain asset documentation can be included in the on-chain asset definition.
6. Users can "opt-in" to accept new assets.
Another feature I like in Algorand is "Rekeying in Layer-1", which enables a user to change their private key without changing the public address.
https://www.finextra.com/blogposting/21644/introduction-to-algorand
January 24, 2022, 07:27:09 AM
special for signature-mafia bitcointalk members, corrupted bitcointalk DT-staff & other helmints which is artificially farming their reputation by defamation (like noorman0), I declare that
I am not an official representative of this project
don't even dream that you will find malicious links here! don't even count on this chance, stupid DT-farmers. look for your malicious links in your signatures!
Website
https://algorand.foundation
https://www.algorand.com
Explorers
https://algoexplorer.io
https://algoscan.app
Community
https://algorand.foundation/news/algorand-foundation-marks-new-chapter-in-global-economics-with-inaugural-auction
https://medium.com/algorand-foundation
https://forum.algorand.org
https://twitter.com/AlgoFoundation
https://www.reddit.com/r/AlgorandOfficial
Chat
https://t.me/AlgorandFoundation
https://discord.com/invite/QBYp7Y2
Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable and efficient, all critical properties for effective applications in the real world. Algorand will support computations that require reliable performance guarantees to create new forms of trust.
Algorand was invented to speed up transactions and improve efficiency, in response to the slow transaction times of Bitcoin and other blockchains. Algorand is designed so that there are lower transaction fees, as well as no mining (like Bitcoin's energy-intensive process), as it is based on a permissionless pure proof-of-stake (PoS) blockchain protocol.
The Algorand blockchain is a permissionless pure proof-of-stake blockchain protocol. Unlike proof-of-work (PoW) blockchains, where the root block must be validated by randomly-selected validators (using computing power), in the pure proof-of-stake approach all of the validators are known to one another and only have to agree on the next block in order to create a new block.
Sources:
https://coinmarketcap.com/currencies/algorand (Archive 27/01/2022)
https://en.wikipedia.org/wiki/Algorand#/media/File:Algorand_mark.svg (Archive 27/01/2022)
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